In addition to filing their regular GST/HST and provincial sales tax (PST) returns, many businesses are also required to meet other compliance obligations throughout the year. Canada’s tax authorities have introduced many required registrations, tax changes, and additional tax filings in recent years as the tax rules continue to evolve. That’s why it is important for all affected businesses to understand and comply with their indirect tax filing requirements and compliance obligations to help minimize any penalties or interest.
Taxpayers that may have additional indirect tax requirements include:
- Financial institutions and other businesses deemed to be financial institutions
- Digital businesses and other businesses that participate in the digital economy
- Businesses that sell or import vaping products
- Importers
- Businesses that own real estate.
This TaxNewsFlash provides an overview of selected upcoming deadlines for Indirect Tax filings and compliance obligations, other than the regular GST/HST and provincial sales tax (PST) returns, as well as certain upcoming tax changes.
Download this edition of the TaxNewsFlash to learn more.